Bridgewater Associates Portfolio holdings
Bridgewater Associates, founded in 1975 by Ray Dalio in New York and now headquartered in Westport, Connecticut, is the world’s largest hedge fund, managing over $125 billion in assets as of late 2024, serving institutional clients like pension funds, endowments, and sovereign wealth funds. Known for its pioneering "Pure Alpha" and "All Weather" strategies, the firm uses a systematic, macroeconomic approach to deliver uncorrelated returns and risk parity across global markets, including equities, bonds, currencies, and commodities, guided by rigorous data analysis and radical transparency. Dalio, who stepped down as co-CIO in 2022, built a unique culture of "radical truth" and "thoughtful disagreement," documented in his book *Principles*, though the firm transitioned leadership to co-CEOs Nir Bar Dea and Mark Bertolini in 2023 amid succession planning. With around 1,300 employees and a history of navigating crises like 2008 with gains, Bridgewater remains a titan in alternative investments, blending intellectual rigor with a distinctive, often polarizing management philosophy.
Top Buys
| 1 |
Alibaba
BABA
|
$715M |
| 2 |
SPDR Gold Trust
GLD
|
$319M |
| 3 |
Baidu
BIDU
|
$173M |
| 4 |
Booking.com
BKNG
|
$163M |
| 5 |
Salesforce
CRM
|
$145M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$2.74B |
| 2 |
Applovin
APP
|
$129M |
| 3 |
McKesson
MCK
|
$117M |
| 4 |
Meta Platforms (Facebook)
META
|
$113M |
| 5 |
AT&T
T
|
$105M |
Sector Composition
| 1 | Technology | 18.81% |
| 2 | Consumer Discretionary | 12.96% |
| 3 | Financials | 12.67% |
| 4 | Communication Services | 7.72% |
| 5 | Healthcare | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
SPDR S&P 500 ETF Trust
SPY
$658B
| $1.87B | 8.67% | 3,342,242 -4,889,807 | -59% | -$2.74B |
|
2
iShares Core S&P 500 ETF
IVV
$662B
| $1.22B | 5.67% | 2,175,206 +135,863 | +7% | +$76.3M |
|
3
iShares Core MSCI Emerging Markets ETF
IEMG
$102B
| $1.02B | 4.75% | 18,957,258 +1,298,049 | +7% | +$70.1M |
|
|
4
Alibaba
BABA
$322B
| $748M | 3.47% | 5,660,258 +5,405,235 | +2,120% | +$715M |
|
5
Alphabet (Google) Class A
GOOGL
$2.57T
| $470M | 2.18% | 3,042,327 -578,981 | -16% | -$89.5M |
|
|
6
SPDR Gold Trust
GLD
$107B
| $319M | 1.48% | +1,106,395 | New | +$319M |
|
|
7
Booking.com
BKNG
$181B
| $309M | 1.43% | 67,067 +35,458 | +112% | +$163M |
|
8
NVIDIA
NVDA
$4.24T
| $308M | 1.43% | 2,841,980 -655,382 | -19% | -$71M |
|
9
Microsoft
MSFT
$3.77T
| $304M | 1.41% | 809,435 +142,399 | +21% | +$53.5M |
|
|
10
Salesforce
CRM
$245B
| $280M | 1.3% | 1,041,892 +539,465 | +107% | +$145M |
|
11
Fiserv
FI
$75.1B
| $257M | 1.19% | 1,163,348 +513,447 | +79% | +$113M |
|
12
Amazon
AMZN
$2.44T
| $252M | 1.17% | 1,323,473 +403,687 | +44% | +$76.8M |
|
|
13
Meta Platforms (Facebook)
META
$1.86T
| $245M | 1.14% | 425,614 -195,474 | -31% | -$113M |
|
14
Wells Fargo
WFC
$263B
| $245M | 1.14% | 3,416,439 +1,482,239 | +77% | +$106M |
|
15
Visa
V
$683B
| $244M | 1.13% | 696,101 +84,097 | +14% | +$29.5M |
|
16
PayPal
PYPL
$67.1B
| $235M | 1.09% | 3,595,333 +1,236,925 | +52% | +$80.7M |
|
17
Adobe
ADBE
$151B
| $224M | 1.04% | 583,311 +347,555 | +147% | +$133M |
|
18
Advanced Micro Devices
AMD
$264B
| $222M | 1.03% | 2,164,088 +366,433 | +20% | +$37.6M |
|
19
Apple
AAPL
$3.45T
| $209M | 0.97% | 940,419 +323,216 | +52% | +$71.8M |
|
20
Pinduoduo
PDD
$171B
| $206M | 0.96% | 1,742,717 +495,819 | +40% | +$58.7M |
|
21
Altria Group
MO
$113B
| $199M | 0.92% | 3,313,961 +638,614 | +24% | +$38.3M |
|
|
22
Baidu
BIDU
$32.8B
| $191M | 0.89% | 2,076,305 +1,879,715 | +956% | +$173M |
|
23
Vistra
VST
$64.1B
| $191M | 0.89% | 1,626,251 -147,248 | -8% | -$17.3M |
|
24
Fortinet
FTNT
$60.4B
| $190M | 0.88% | 1,978,560 +1,044,866 | +112% | +$101M |
|
25
Constellation Energy
CEG
$96.2B
| $190M | 0.88% | 941,659 -4,585 | -0.5% | -$924K |
|